Sapphire Foods India Limited IPO
Sapphire Foods India Limited was a mainboard IPO in the Restaurants sector, offered at ₹224–₹236 per share to raise ₹2,073 crore. The issue was subscribed 6.62× overall (QIBs 7.5×, NIIs 3.46×, retail 8.7×). It listed on 18 Nov 2021 at ₹270 and closed its first day at ₹242, a listing gain of +2.7% versus the ₹236 issue price. It now trades around ₹199 (-15.7% versus the issue price).
Frequently asked questions
- How many times was the Sapphire Foods India Limited IPO subscribed?
- The Sapphire Foods India Limited IPO was subscribed 6.62× overall — 7.5× in the QIB category, 3.46× among non-institutional investors, 8.7× in retail.
- What were the Sapphire Foods India Limited IPO listing gains?
- Sapphire Foods India Limited listed on 18 Nov 2021 at ₹270, closing its first day at ₹242 — a listing gain of +2.7% versus the ₹236 issue price.
- What were the retail allotment odds for the Sapphire Foods India Limited IPO?
- Retail was subscribed 8.7×, so a single-lot application had roughly a 11.5% chance of allotment (about 1 in 9), and allotment was finalised on 12 Nov 2021.
- What was the price band and lot size of the Sapphire Foods India Limited IPO?
- The price band was ₹224–₹236 per share, with a minimum lot of 12 shares (₹2,832 at the upper band).
- Who were the registrar and lead manager for the Sapphire Foods India Limited IPO?
- Link Intime India Private Limited was the registrar, and JM Financial was the book-running lead manager.